Internationalisation, expansion of market position, digitisation and strengthening the brand

€11.8mn

INVESTMENT BY DBAG

€78mn

Revenues 2018 (EXP.)

120

Employees 2018

KEY FACTS AT A GLANCE

Leading premium estate agency in Germany, Austria and Switzerland

Already represented in other European countries, increasing internationalisation as the next development goal

Average annual revenue growth of 30 percent over the past ten years

VON POLL IMMOBILIEN GMBH

INVESTMENT BY DBAG

€11.8MN

Shareholders:
DBAG

36.9%

other shareholders

10.0%

First invested

JULY 2018

REVENUES in €mn

54

2016

71

2017

78

2018 (EXP.)

As of 30 September 2018

37

new shops von Poll Immobilien opened between 2014 and 2017 on average per year

von Poll Immobilien has created a profitable and very scalable platform over recent years. The company has therefore developed an excellent foundation from which it can take advantage of existing potential and increase its share in a fragmented market.

PROFILE

Founded in 2000, von Poll Immobilien is an estate agency that focuses on high-quality residential properties in the Rhine-Main area. Over the years, von Poll Immobilien has become one of the leading agency platforms in its segment in Germany, Austria and Switzerland. The company’s network today comprises some 280 offices across Germany and ten further European countries. Almost all shops are operated by independent sales partners. More than 800 estate agents work under the von Poll Immobilien brand. The companys‘ headquarter provides them with training, marketing materials and many other support. Together, they offer customers real estate services around the mediation of stable residential and commercial real estate in preferred locations. Among other things this includes the free, non-binding market price estimate.

POTENTIAL FOR DEVELOPMENT

In a macroeconomic climate currently following a consistently positive trend, the agency is be-nefiting from increased demand for high-quality residential property in cities, metropolitan areas and holiday destinations. It is therefore expected that von Poll Immobilien will continue to grow by opening new and expand existing offices, and to expand on its market position, particularly outside of Germany, Austria and Switzerland. Its first targets will be European markets such as Belgium, France, Italy, Spain, the UK and Poland. Further focal points for the development of the company are the further digitisation of the business and the strengthening of the brand.

FINANCIAL YEAR 2018

Since the start of the investment in July 2018, von Poll Immobilien has pushed ahead with measures to exploit the existing market potential. In the financial year 2018, the company is expected to increase both its revenues and its earnings compared to the previous year under continued favourable macroeconomic conditions.

OUTLOOK AND OBJECTIVES

In the coming months, the management team will initially focus on expanding the shop network in Germany and improving operations at existing locations. von Poll Immobilien also forecasts an increase in revenues and earnings in the 2019 financial year.

Responsible team member

Ragnar Geerdts

Managing Director

Ragnar Geerdts joined Deutsche Beteiligungs AG in 2012 and became a Managing Director in 2017.

He has over ten years of experience in private equity and mergers and acquisitions. Ragnar Geerdts has extensive knowledge of the automotive supplier and telecommunications industries and in mechanical and plant engineering. He was involved in numerous investments and disinvestments, including DNS:NET, Frimo, Formel D, inexio, mageba, Oechsler and Unser Heimatbäcker. Ragnar Geerdts also led the investment process in vitronet, netzkontor nord, von Poll Immobilien, BTV Multimedia and FLS and sits on the advisory councils of these companies. Before joining Deutsche Beteiligungs AG he worked in the area of M&A at Bayer AG and at Deutsche Post AG.

Ragnar Geerdts studied business administration at the University of Berlin and Chinese at the Beijing Foreign Studies University.